NOT LISTED FOR SALE

849 Middletown Rd Colchester, CT 06415

Estimated Value: $578,000 - $715,000

5.6 Acres
$114,999 Price per Acre
243,936 Sq Ft Lot

Last Sold March 04, 2022

Last sale price $43,000

Est. 1,398% increase in value since last sale

Current estimated payment $4,160/month

317 Days on Market

Highlights

  • 5.6 Acre Lot
  • Wetlands on Lot
  • Many Trees
  • William J. Johnston Middle School Rated A-
  • No HOA

About This Lot

As of March 2022

DEVELOPMENT FLEXIBILITY: Approved Building Lot. Three bedroom home with septic system, well and associated utilities is advised for this private property. Site Development Plan, Soil Testing, Perc and additional printed material are available to help you assess if this property is what you have been looking for! There is DEVELOPMENT FLEXIBILITY for RURAL USE ZONING which includes two-family dwelling, agricultural uses, home occupation, membership clubs that relate to outdoor actives, family day care homes. ALSO, Special Permit uses like Commercial Kennel, Accessory Apartments, Bed and Breakfast, Institutional and Municipal land uses including public utilities, day care/nursery school, Educational institutions & Agricultural uses! Subdivision may be possible. This 5.6 acre property backs up to 130 acres of CT State Land which leads to Pickerel Lake! Imagine being up the road from the junction of Comstock Bridge and East Hampton’s Salmon River State Forest! Convenient location on Middletown Road / Route 16 / State Road. Please use showing time to schedule your appointment to walk the property!

Last Agent to Sell the Property

Gary Guyette

Berkshire Hathaway NE Prop. License #REB.0750514 Listed on: 04/12/2021

Berkshire Hathaway NE Prop.

Co-Listed By

Donna Pantano

Berkshire Hathaway NE Prop. License #RES.0797950

Last Buyer's Agent

Matthew Faski

Carl Guild & Associates License #RES.0794152

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,511

Lot Details

  • 5.6 Acre Lot
  • Property fronts a state road
  • Many Trees
  • Property is zoned R60

Utilities

  • Well Required

Community Details

Overview

  • No Home Owners Association

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,511

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Lake, Park, Public Rec Facilities
  • Remarks Public Addendum: DEVELOPMENT FLEXIBILITY: Approved Building Lot. Three bedroom home with septic system, well and associated utilities is advised for this private property. Site Development Plan, Soil Testing, Perc and additional printed material are available to help yo
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 07/19/2021
  • Directions: Intersection of Route 149 & 16 follow Route 16 West & lot is across the street from 856 Middletown Road. From Route 196 & 16 travel Route 16 East, pass Bigelow Road & pull over/off to side several car lengths before reaching the Evacuation Route sign.
  • Special Features: None

Interior Features

  • Street Number Modifier: 849 A

Exterior Features

  • Road Frontage Description: State Road
  • Road Frontage Approximate: 570

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Septic Approval: No
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 5.6000
  • Lot Description: Some Wetlands, Treed, Fence - Stone
  • Lot Improvements: Lot Staked
  • Lots Number Of: 1
  • Zoning: R60

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 1511
  • Total Assessed Value: 46000
  • Mil Rate Base: 32.840
  • Mil Rate Total: 32.840
  • Assessor Parcel Number: 2334901

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2017
Sold by
Harper Mary-Ellen
Bought by
Kastanis Shalyn R and Kastanis Theodore G
Current Estimated Value
$643,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kastanis Shalyn R $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kastanis Theodore G $335,000
Closed Kastanis Shalyn R $361,000
Previous Owner Harper Mary E $112,000
Previous Owner Harper Thomas J $115,000
Previous Owner Harper Thomas $140,000
Previous Owner Harper Thomas $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $43,000 -4.4% --
11/02/2021 11/02/21 For Sale $45,000 +4.7% --
10/31/2021 10/31/21 Off Market $43,000 -- --
09/07/2021 09/07/21 Price Changed $45,000 -18.0% --
06/18/2021 06/18/21 Price Changed $54,900 -15.4% --
04/12/2021 04/12/21 For Sale $64,900 -- --
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,114 $304,600 $37,900 $266,700
2024 $8,733 $304,600 $37,900 $266,700
2023 $8,291 $304,600 $37,900 $266,700
2022 $8,249 $304,600 $37,900 $266,700
2021 $8,230 $250,600 $46,300 $204,300
2020 $8,230 $250,600 $46,300 $204,300
2019 $8,230 $250,600 $46,300 $204,300
2018 $8,089 $250,600 $46,300 $204,300
2017 $8,112 $250,600 $46,300 $204,300
2016 $7,771 $251,400 $58,400 $193,000
2015 $7,733 $251,400 $58,400 $193,000
2014 $7,685 $251,400 $58,400 $193,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170388961

SmartMLS

APN: COLC-000003-000019-000033-000003